Okay. Confused as hell here... I own MGV bought at 0.07 back in the day... I'm not sure what to do. My understanding is that when MGV gets 50% (approx), they control the board and basically run the show - however MGV is still listed. Anything could happen then... It's the "anything" part I'm worried about...
When they get to 90%, it's delisted and absorbed into RMS.
Is that correct?
If I accept, I cop a huge CGT bill or maybe not with rollover relief which may/may not be allowed.
What I need to know is... what is the risk of holding on...until 90% day? Why did all the RMS directors throw in the towel? Big money and/or new role at RMS? Are there issues with MGV?
Can anyone fill me in...
MGV Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held
